Production Optimisation Is the process of maximizing the production of hydrocarbons continuously over time.
Production Optimisation Objectives:
- Automation of wells and processes.
- Increase production and reduce cost by making more informed decisions,
- Lower mean failure rate
- Increase flow rate.
- Maximize reservoir production.
- Reduce down times.
- Maximize human resource potential.
- Doing more with less.
- Enable efficient collaboration